With the current state of the economy, do you anticipate continued growth in health care spending? Why or why not?

Under what elasticity conditions would the following be true?
January 20, 2021
Detail how a changing environment may have had an effect on the organisms
January 20, 2021

1. What are the trends in health care spending, both historically and projected for the future?
2. Are health care costs too high, or are we simply expecting more health care services as consumers?
3. How does U.S. spending on health care compare among regions within our nation and with other developed nations?
4. With the current state of the economy, do you anticipate continued growth in health care spending? Why or why not?
5. What are some short-term suggestions to slow health care spending?

 

REFERENCES
Getzen, T. E. (2007). Health economics and financing. (3rd ed.). John Wiley and Sons, Inc., Hoboken, NJ.
Ginsburg, P.B. (2008, October) High and rising health care costs: Demystifying U.S. health care spending. The Synthesis Project, Issue 16. Robert Wood Johnson Foundation; Princeton, NJ.

Kaufman , M. & Stein, R. (2006, January). Record share of economy spent on health care. Washington Post Staff Writers; The Washington Post Company.

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